0 Nec Spencer Hwy & Blvd, Deer Park, TX 77536
This exceptional 14,600 square foot retail strip center, located at the northeast corner of Spencer Highway and East Boulevard in Deer Park, Texas, presents a compelling investment opportunity. Situated on a generous 7.84-acre lot, the property boasts a prime location within a thriving commercial area, ensuring high visibility and accessibility. Currently, the center has 1,300 square feet of vacant space available, offering immediate potential for increased revenue generation. The property's multiple tenancy structure provides diversification and stability, making it an attractive option for investors seeking a strong return on investment. The property is classified as a retail strip center and is located in Harris County, Texas, with a zip code of 77536. Its strategic location at a major intersection ensures significant foot and vehicle traffic, maximizing exposure for tenants. The existing tenants benefit from a robust customer base drawn to the convenient location and ample parking. The 1,300 square feet of vacant space presents an opportunity to lease to complementary businesses, further enhancing the center's overall value and profitability. This property offers a rare combination of size, location, and potential, making it an ideal addition to any investment portfolio. The substantial lot size also allows for future expansion or redevelopment possibilities, providing additional long-term growth potential. This is a turnkey investment ready for immediate income generation and future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.